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In Berkshire Hathaway's once-a-year shareholder letter dated February 25, 2012, Buffett mentioned that his successor as CEO were selected internally although not named publicly. Though the intent of this concept was to bolster assurance inside the Management of the "Buffett-much less Berkshire", critics have observed this system of selecting 메이저사이트 a successor without a concrete exit method for that sitting down CEO frequently leaves a company with much less long term alternatives, even though accomplishing small to serene shareholder anxiety.[37]